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IAC/Interactive Corp (NASDAQ:IACI): Current Price $45.60
Leading media and Internet company IAC (NASDAQ:IACI) completed its acquisition of online tutoring solution Tutor.com for an undisclosed amount. “It’s not often we find a company with such untapped potential that our particular skill set can help unlock in an area that truly helps people improve their lives all at a compelling valuation,” said Greg Blatt, CEO of IAC. “We think the combination of Tutor.com and IAC will make one-to-one learning accessible, affordable and sustainable for consumers and institutions,” said George Cigale, founder and CEO of Tutor.com.
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